AIB Launches Green Mortgage Offering Incentives for Energy-Efficient Homes

A Sustainable Solution for Homeownership

AIB, one of Ireland's leading banks, has introduced a new Green Mortgage product designed to encourage the purchase of energy-efficient homes. This initiative aligns with the bank's commitment to sustainability and aims to promote responsible homeownership practices.

Key Features of the AIB Green Mortgage

• Discounted interest rates for homes with a Building Energy Rating (BER) of A2 or higher
• Up to €5,000 cashback for homes with a BER of A3 or higher
• Free energy assessment for all Green Mortgage customers

The AIB Green Mortgage is available to both first-time buyers and existing homeowners who are looking to upgrade their homes to make them more energy-efficient. To qualify for the discounted interest rates and cashback incentives, homes must meet specific energy efficiency standards as determined by the BER assessment.

Benefits of Energy-Efficient Homes

Energy-efficient homes offer numerous benefits for homeowners, including:

• Reduced energy consumption and lower utility bills
• Increased comfort and improved indoor air quality
• Reduced carbon footprint and environmental impact

By choosing an energy-efficient home, homeowners can not only save money on their monthly expenses but also contribute to a greener and more sustainable future.

A Step towards a Greener Future

The launch of the AIB Green Mortgage is a significant step towards promoting sustainable homeownership in Ireland. By incentivizing the purchase of energy-efficient homes, AIB is encouraging homeowners to make responsible choices that benefit both their wallets and the environment.

This initiative is expected to contribute to Ireland's national climate action plan, which aims to reduce greenhouse gas emissions and transition to a low-carbon economy.

Conclusion

AIB's Green Mortgage is a welcome addition to the Irish mortgage market, providing homeowners with financial incentives to choose energy-efficient homes. This initiative aligns with the growing global trend towards sustainable living and demonstrates AIB's commitment to responsible banking practices.

Aib Green Mortgage